Management Turnover as Change Agent

Showing posts with label Cynthia A. Davis. Show all posts
Showing posts with label Cynthia A. Davis. Show all posts

Tuesday, July 24, 2007

CEO Revolving Door at SM and A

Michelle Leder's latest entry into her Footnoted blog is worth a read. She focuses on the recent CEO drama at SM and A WINS (NASDAQ), a provider of business strategy and proposal development services. The company announced on July 19th that its Board of Directors entered into a multi-year agreement with Cathy McCarthy to become President & CEO of the company effective immediately. McCarthy's appointment follows Cynthia A. Davis' resignation from the Company as well as its Board of Directors, which was accepted a day earlier. Ms. Davis had served as CEO since April 2007. Ms. McCarthy was previously President and Chief Operating Officer of the Company. Obviously there is more here.